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McCombs Scholars Program

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Meet a MSP Scholar:
Eila Rose Motley
Recipient of the Stephen and Nancy Thorington Endowed 
President's Scholarship in Business

“I remember the day I held an unassuming white envelope with an Austin return address in my hands after coming home from dance practice senior year. Little did I know, this envelope contained an offer that would change my life. I opened the letter and read out loud to my parents that I would receive $40,000 in scholarship to cover my tuition at UT, and in that moment, I felt the entire world smile at me.”

Eila Motley is the inaugural recipient of the John L. Adams Scholar of the Year award. Eila came to McCombs from Houston, Texas where she graduated from Stratford High School. Eila is a senior in the Business Honors Program majoring in finance. She is actively involved with the Undergraduate Business Council, Wall Street for McCombs, and the Longhorn Run committee.

The McCombs School of Business has placed a historical emphasis on awarding scholarships to enrolled students as a reward for demonstrated performance at the college level. As McCombs has evolved into one of the nation’s leading names in business education, this legacy has left it inadequately equipped with the scholarships needed to recruit the nation’s top students. Each incoming class numbers some 950 talented freshmen, but unfortunately McCombs can only award only 5% of these students’ scholarship packages.

Not surprisingly, inability to provide scholarships causes McCombs to lose some of its best students to other institutions, such as Harvard, Wharton, Stanford, MIT, and others. Surveys show that in instances where honors students chose to decline their offer in favor of another institution, half cited lack of sufficient financial support from McCombs as their primary reason for doing so.

Jay Hartzell, Dean of the McCombs School, has made it a top priority to remedy this problem. With his support, we have set a goal to establish a community of scholars built on a tiered McCombs Scholars Program, meant to complement the existing Forty Acres Scholars Program. Long-term, this ambitious initiative seeks to equip the McCombs School with 375 total scholarships—enough to ensure that the very brightest young minds in business have every reason to call the McCombs School home. We hope you will join us in contributing to this important effort.

McCombs Scholars Program Levels

Forty Acres Scholarship: Amount TBD, Historically $500,000

  • The premier full-ride scholarship program attracting the nation’s top student-leaders entering any of our colleges and schools at The University of Texas at Austin.
  • Funding provides for tuition and fees, housing and food, living stipend, books, summer enrichment activities, including a service-learning experience, study abroad, and internships tailored for each individual student.
  • Awarded to students who possess extraordinary intellectual qualities and the capacity to motivate and lead fellow students.
  • Every academic year centers the student experience around a theme that allows the cohort to share experiences from their individual academic units and includes varied and substantive team-building, academic, and leadership/cultural programming.
  • Access to exclusive University-wide opportunities, distinguished alumni, and mentors.
  • As a member of the McCombs Scholars Program community, the student is entitled to annual recognition at a reception with administrators, other scholarship recipients, alumni, and scholarship donors.

McCombs Endowed President's Scholarship: $250,000

  • Currently provides full tuition and fees.
  • The McCombs President’s Scholarship is awarded to students who have exhibited exceptional potential for academic, professional, and ethical leadership.
  • As a member of the McCombs Scholars Program community, the student is entitled to both recognition at a reception with administrators, other scholarship recipients and alumni, and scholarship donors, and recognition through the president’s office.
  • Funds additional enrichment activities, such as a global experience, leadership development conference, or case competition participation.
  • At this time, there are not enough President’s level McCombs Scholars Program endowments to cover all Business Honors Program admission offers.

McCombs Endowed Dean's Scholarship: $125,000

  • Currently provides half tuition and fees.
  • Awarded to students who have exhibited high potential for academic, professional, and ethical leadership.
  • As a member of the McCombs Scholars Program community, the student is entitled to both recognition at a reception with administrators, other scholarship.

McCombs Scholars Program Progress and Goals

 Level  Committed  Goal
 Forty Acres Scholarship  37  
 McCombs Endowed President's Scholarship  34  240
 McCombs Endowed Dean’s Scholarship  80  135
 Total  151
 375
 *This table’s total varies slightly each year due to factors such as non-endowed gifts.

Please contact Director of Development, Holly Hazlett at 512-475-8144. For corporate scholarships, please contact Director of Corporate and Foundation Relations Wendy Elder at 512-475-8133.

Page last updated: 8/22/2017